Mindblown: a blog about philosophy.
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First-time home buying: The financial assistance you need
First-time homebuyers can access various programs to ease financial burdens. The Home Buyers’ Plan (HBP) allows withdrawals from RRSPs for down payments, offering up to $35,000 tax-free. The First-Time Home Buyer Incentive provides 5% or 10% of the purchase price as a shared equity mortgage. New Brunswick offers a Home Ownership Program for low-income families,…
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Happy Labour Day
Happy Labour Day! Labour Day is a chance to honor and appreciate the hard work and contributions of workers in various industries. It's a chance to look back at workers' rights achievements and labor rights progress over time. Sending warm wishes on Labour Day to honor the dedication and contributions of workers everywhere. May your…
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Check out my new listing Address: 6855 Glen Erin Dr Mississauga
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Check out my new listing Address: 30 Elm Dr W Mississauga
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Will Ontario’s Housing Market Bounce Back in 2026?
In Ontario, home sales are expected to decline by 9.9% in 2025. However, the market is expected to rebound in 2026, with sales rising 19.4% as conditions improve
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GTA Condominium Prices Fell to $651K
GTA condominium prices fell to $651,000 in July, the lowest since February 2021. Condo values dropped 9.3% year-over-year, outpacing the broader market’s 5.5% price decline. A record influx of newly completed condos is extending selling times and increasing negotiation opportunities. Sales volumes rose 5.8% in July, marking the strongest July since 2021 despite falling prices.…
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GTA Achieves Best Mid-Summer Home Sales in 4 Years
July 2025: 6,100 sales, ↑10.9% YoY New listings: 17,613, ↑5.7% YoY Average price: $1,051,719, ↓5.5% YoY Market tightening as sales outpace listings Foreign buyer ban exemptions and future relief discussed
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Buyers Win: GTA Home Market Favours You
↓ 60% new home sales YoY in June; only **510** sold vs. **2,801** 10-yr avg. Condo sales ↓ 67% YoY; **217** sold, 89% below 10-yr avg. Single-family sales ↓ 53% YoY to **293**; 62% below historical norm. High building costs (~$1.5M single-family, $1M condos) and economic uncertainty cited as main causes. Record **22,254** homes on…
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50% of GTA Sales Are Detached Homes!
Detached homes = nearly 50% of all GTA sales — first-time buyers are leading! Key Toronto areas: $850K–$1.2M homes selling fast, often with multiple offers. Central core avg. days on market: 19; $1.8M–$2.2M segment also strong. The $2.8M–$3.3M “swing market” is slow — too much inventory, not enough action. Delayed spring market arrived in Early-Summer,…
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GTHA Slowest Major Multi-Family Market Behind Calgary and Metro Vancouver
Multi-family sales in the Greater Toronto and Hamilton Area fell 67% in the first half of 2025, with new condominium apartment sales dropping 78% year-over-year in Q2. Townhouse sales declined 45% year-over-year but showed signs of recovery. Over 7,100 units shifted to rental tenure since September 2024. New condo deliveries surged, but future supply is…
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